Stitch Fix poaches Marc Jacobs exec for chief marketing role Online fashion subscription service Stitch Fix Woloshin comes to Stitch Fix from Marc Jacobs, where she served as chief marketing officer – Stitch Fix The San Francisco-based company said Woloshin…
Visa, Mastercard suspend operations in Russia over Ukraine invasion By Reuters API U.S. payments firms Visa Inc and Mastercard Inc on Saturday said they were suspending operations in Russia over the invasion of Ukraine, and that they would work with…
Columbia post record full-year sales on stellar fourth quarter Columbia The Portland, Oregon-based company said fourth-quarter sales increased 23 percent to $1.13 billion, compared to the same quarter in 2020. The increase in net sales reflected strong consumer demand, which fueled…
Ted Baker puts itself up for sale after more bidders emerge Ted Baker Ted Baker The news sent the company’s shares over 14% higher on the London Stock Exchange and valued it at £271 million. The company said it had…
Crutchley is debut guest curator for sourcing platform The Wool Lab The Woolmark CompanyEdward Crutchley Through the collaboration Crutchley, winner of the 2019 International Woolmark Prize Printed, woven, knitted or embroidered, Crutchley highlights wool’s “boundless possibilities to encourage exploration of…
Rickie De Sole joins Nordstrom in newly created role NordstromVogue Rickie De Sole joins Nordstrom in newly created role. – Nordstrom In this newly created role, De Sole will work “cross-functionally across different facets of the women’s designer division, bringing…
Is Amazon ready to raise the price of Prime delivery? Wall Street thinks so By Reuters API When Amazon The company has every reason to do so, analysts say. Amazon had to pay higher wages and signing bonuses to attract…
Aeffe turns a profit again in 2021 Translated by Nicola Mira AeffeMoschino Moschino accounts for 80% of Aeffe’s total sales – © PixelFormula In 2021, adjusted net income, taking into account the effects of the first application of the IFRS…
Kontoor Brands announces 2021 revenue increase of 18% Greensboro, North Carolina-based denim group Kontoor Brands Inc. announced on Tuesday strong financial results for its fourth quarter and year ended January 1, 2022. Kontoor Brands announces 2021 revenue increase of 18%.…
Walmart cuts full-year profit forecast as fuel, labor costs spike By Reuters API Walmart Inc cut its full-year profit forecast on Tuesday, signaling a bigger knock to the retail giant’s profit margins from surging costs of everything from fuel to…
